Updated January 2022. Do you have small business income or work as an independent contractor? Freelance, Uber/Lyft, Amazon, eBay, Etsy, Airbnb? A small business credit card separates your personal and business expenses and can build up your business credit profile. If you are not a corporation or LLC, you can apply as a sole proprietorship, with your name as the business name and your Social Security number as the Tax ID number. These are the top 10 credit card offers that I would personally apply for right now (or have already). Recent changes:
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Added United Biz 150k, Amex Blue Cash $500, Amex Platinum 120k. -
Removed JetBlue 70k, Wyndham 90k, AA 80k.
This is a companion post to my . Notice that small business bonuses are on average even higher than those on consumer cards.
- 120,000 Membership Rewards points after $15,000 on eligible purchases in the first 3 months.
- HUGE list of additional perks including $400 Dell, $360 Indeed, $150 Adobe, $120 wireless phone annual credits, $200 annual airline fee credit, $179 CLEAR credit, Centurion airport lounge access, and more. See link for details.
- $695 annual fee.
- Up to 150,000 bonus United miles. 75,000 miles after $5,000 in purchases in the first 3 months. Additional 75,000 miles after $20,000 total purchases in the first 6 months.
- Free first checked bag for both you and a companion (a savings of up to $140 per roundtrip).
- Expanded award availability. Having this card makes it easier to redeem for that saver award economy ticket.
- Primary rental car coverage when renting for business purposes.
- $99 annual fee.
- Subject to 5/24 rule.*
- Up to $500 in Statement Credits. Earn a $250 Statement Credit after $5,000 in qualifying purchases on your Card within the first 6 months. Plus, earn an additional $250 statement credit after an additional $10,000 or more in qualifying purchases within the first year of Card Membership.
- 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- No annual fee.
- 100,000 Ultimate Rewards points (worth $1,250 towards flexible travel) after $15,000 in purchases in the first 3 months. See link for details.
- 3X points on the first $150,000 spent on travel, shipping purchases, internet/cable/phone services, and advertising purchases with social media sites and search engines.
- Primary rental car coverage when renting for business purposes.
- $95 annual fee.
- Subject to 5/24 rule.*
- $750 bonus cash back after $7,500 in purchases in the first 3 months. See link for details.
- Flat 1.5% cash back on all purchases with no limit.
- No annual fee.
- Subject to 5/24 rule.*
- $750 bonus cash back after $7,500 in purchases in the first 3 months. See link for details.
- 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year.
- No annual fee.
- Subject to 5/24 rule.*
- Up to 70,000 bonus TrueBlue points. Earn 50,000 bonus points after spending $1,000 on purchases within the first 90 days, and earn 20,000 bonus points after spending $6,000 on purchases within the first 12 months. See link for details.
- First checked bag free for the primary cardmember and up to 3 companions when tickets are purchased with your JetBlue Plus Card.
- $99 annual fee.
- Up to 90,000 Hawaiian miles. 50,000 miles after $1,000 in purchases within the first 90 days, plus an additional 40,000 miles after $6,000 in purchases within the first 12 months. See link for details.
- Receive a one-time 50% off companion discount for roundtrip coach travel between Hawaii and The Mainland on Hawaiian Airlines.
- $99 annual fee.
- 75,000 Hyatt points after $7,500 in purchases in the first 3 months. See link for details and rough valuation of points.
- Up to $100 in Hyatt statement credits – spend $50 or more at any Hyatt property and earn $50 statement credits up to two times each anniversary year.
- $199 annual fee.
- Subject to 5/24 rule.
- $500 statement credit after $5,000 in purchases in the first 90 days. See link for details.
- 3% cash back on your choice of six categories. 2% cash back on dining and unlimited 1% cash back on all other purchases. The 3% and 2% cash back applies to the first $50,000 in combined category/dining purchases each calendar year, 1% thereafter.
- No annual fee.
- Up to 180,000 Hilton Honors points. 130k points after $2,000 in purchases in first 3 months, plus another 50k points after a total of $10,000 in purchases in the first 6 months. See link for details.
- Free Weekend Night Reward certificate after you spend $15,000 on purchases in a calendar year.
- $95 annual fee.
- 75,000 bonus points after $7,500 in purchases (on the Account Owner’s Card only) in first the 4 months. 75,000 bonus points can be redeemed for $750 in cash back. See link for details.
- Availability may be restricted to certain states.
- $0 annual fee for the first year, then $95.
- 50,000 miles (worth a $500 statement credit) after $4,500 in purchases in the first 3 months. See link for details.
- Flat 2X points per dollar spent on all purchases with no limit.
- $0 annual fee for the first year, then $95.
(Bank of America)
- 60,000 Alaska miles + Companion Fare Voucher after $3,000 in purchase within 90 days. Limited-time offer. See link for details.
- Companion fare voucher is “Buy one ticket, get one for $121” ($99 fare plus taxes and fees from just $22).
- Free checked bag on Alaska flights for you and up to six other passengers on the same reservation.
- $50 annual fee for company, plus $25 per card.
* Note: Certain Chase cards have a “5/24 rule” which is an unofficial rule that they will automatically deny approval on new credit cards if you have 5 or more new credit cards on your credit report within the past 2 years. This rule applies on a per-person basis, so if you are new, you might want to start with those Chase cards.
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